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Power to Change has launched the Community Business Renewal Initiative, in response to the COVID-19 crisis. The £3million Community Business Renewal Fund forms part of this support package for the community business sector.
The fund will provide grants of between £10,000 and £20,000 to community businesses in England affected by the Covid-19 crisis, helping them to adapt, renew and rebuild their business so they can remain financially viable. It is aimed at organisations delivering services in their local community and designed to support those who have been most affected by the Covid-19 crisis.
The main priority support areas for the fund include areas of England facing high levels of deprivation, organisations supporting and led by disabled people and black, Asian and minority ethnic led or supporting businesses.
The Community Business Renewal Fund will have three application rounds.
Round One – Tuesday 3 November 2020, 10am-1pm
Round Two – Tuesday 12 January 2021, 10am-1pm
Round Three – Tuesday 2 March 2021, 10am-1pm
Find out more and apply for the Community Business Renewal Fund on the Power to Change website.
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